Business
World markets in turmoil over Egypt crisis
February 2, 2011
World markets in turmoil over Egypt crisis
Though not counted as a major oil producer, Egypt's Suez Canal represents a vital shipping path, with an estimated million…
Egypt’s stock exchange closed on Thursday
February 2, 2011
Egypt’s stock exchange closed on Thursday
Egypt's stock exchange will be closed on Thursday, a fifth working day in a row amid mass protests calling for…
Analysis: Investors face risks however Egypt plays out
January 30, 2011
Analysis: Investors face risks however Egypt plays out
If President Hosni Mubarak clings to power, investors will reprice Egyptian and regional assets to brace for weeks, months or…
Following market dive, rights group calls for ban on money transfers abroad
January 27, 2011
Following market dive, rights group calls for ban on money transfers abroad
The Nassar Human Rights Center sent a note to the attorney-general on Wednesday requesting that he ban the transfer of…
Egyptian pound continues to fall
January 27, 2011
Egyptian pound continues to fall
The Egyptian pound continued to fall Thursday after reaching a six-year low against the US dollar Wednesday.The third day of…
Egypt’s bourse plummets on protest fears
January 27, 2011
Egypt’s bourse plummets on protest fears
Trading has been temporarily suspended on Egypt's stock exchange after the benchmark index fell over 6 percent for a second…
Egypt could be catalyst for MENA investment withdrawal
January 26, 2011
Egypt could be catalyst for MENA investment withdrawal
London--Mass protests in Egypt, one of the darlings of African and Middle Eastern investors, sharply increase the risks that international…
Inflation jump would be risk to Egypt outlook, says analyst
January 26, 2011
Inflation jump would be risk to Egypt outlook, says analyst
London--Any rise in Egyptian inflation could present a risk to Egypt's stable ratings outlook, a senior analyst at Fitch Ratings…
Egypt stocks tumble most since 2009 after protests, pound weakens
January 26, 2011
Egypt stocks tumble most since 2009 after protests, pound weakens
Egyptian stocks tumbled the most in more than a year and bonds fell after thousands took to the streets of…
Egypt 5-yr CDS hit 18-mth highs
January 26, 2011
Egypt 5-yr CDS hit 18-mth highs
London--The cost of insuring Egyptian debt against default rose to a fresh 18-month high on Wednesday on political concerns.Egypt's five-year…